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  • April 21, 2014
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  1. China steals jobs from West, says economist

    Posted Nov 25th 2010, 12:00am by Naomi Rovnick

    ... As early as 2005, he predicted the US was headed for full recession because of the nation's huge trade deficit and high government and consumer indebtedness. US President Barack Obama has been ...

  2. 50pc rise in applicants for full-time MBA course

    Posted Mar 03rd 2009, 12:00am by Agnes Lam

    ... is quite normal that when there is an economic recession, there will be greater demand for certain types of postgraduate programmes,' Professor Cheng said. 'The number of applicants ...

  3. Turmoil could spark the unravelling of 'Chimerica'

    Posted Dec 12th 2008, 12:00am by Michael Richardson

    ... recession? A few weeks ago, David McCormick, US Treasury undersecretary for international affairs, said that Beijing had been 'a responsible participant and ally' in dealing ... Treasury securities for the foreseeable future, provided it is confident America will recover from the credit crunch and recession. But the crisis has prompted Beijing to rethink how to manage its ...

  4. Opportunity lost for change in Japan

    Posted Sep 23rd 2008, 12:00am by Staff Reporter

    ... Japan's troubles point squarely towards the need for change. Its economy is facing recession, its social services are faltering, ties with neighbours China and South Korea could be far better and there are divisions within the ruling Liberal Democratic Party preventing it from governing effectively. Yet despite this, the party's faithful have chosen as their new ...

  5. IMF upbeat on recovery but warns of risks

    Posted Jul 09th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu Robust expansion in Asia and high private demand in the United States have led the International Monetary Fund to upgrade its growth forecasts for Hong Kong, the mainland and the rest of the world for the year. IMF chief economist Olivier Blanchard said a double-dip recession was unlikely but warned the European debt crisis had added downside risks to the recovery ...

  6. Focus back on currencies after stock turmoil

    Posted Feb 28th 2010, 12:00am by Amanda Lee

    ... dollar.' But not everyone thinks the Bank of England will increase rates this year. A Calyon report says that with Britain still in recession, it is unlikely to raise rates this year. Bang for your ...

  7. Beijing, Asean clear way for free-trade pact

    Posted Aug 17th 2009, 12:00am by Shi Jiangtao

    ... appliances at cheaper prices, he said. Despite the recession, China's investment in Asean countries has surged, with Premier Wen Jiabao announcing in April a US$10 billion fund to support ...

  8. Socialist-market virus threatens US and China

    Posted Jul 31st 2009, 12:00am by James Dorn

    ... mistakes on both sides that helped bring about the most serious recession since the 1930s. Rather than allowing market forces to rebalance their respective economies, both Beijing and Washington ...

  9. Yuan policy key to recovery, Wen says

    Posted Mar 15th 2010, 12:00am by Cary Huang

    ... to the global economic recovery. Wen also warned the world could fall into recession again, and the mainland had to be wary of that this year as it sought to balance growth, economic adjustments ... treatment'. On the domestic economy, Wen said there was still a possibility of another global recession and many Chinese companies were being kept afloat by emergency stimulus measures. 'The road ...

  10. Year when we'll need to harness the ox's qualities

    Posted Jan 28th 2009, 12:00am by Staff Reporter

    ... the looming threat of recession in the United States. Ultimately soothsayers' warnings of market turbulence and natural disasters were proved right. Since then, governments have poured hundreds ...




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